The Glenn Beck Program - September 19, 2024


Best of the Program ｜ Guests： Bret Weinstein & Carol Roth ｜ 9⧸19⧸24


Episode Stats

Length

44 minutes

Words per Minute

150.16226

Word Count

6,617

Sentence Count

461

Misogynist Sentences

2

Hate Speech Sentences

13


Summary

On today's show, Glenn Beck is joined by Carol Roth Roth and Jason Buttrill to talk about the economy, the Fed, and the economy's impact on our veterans. Glenn also talks about the latest numbers from the latest CNN/ORAC poll.


Transcript

00:00:00.140 Stu, was this an incredible podcast?
00:00:03.500 It was.
00:00:04.060 I mean, one of the greatest of all time.
00:00:05.840 Yeah, it's rated currently number seven podcast of all time.
00:00:08.680 Of all time.
00:00:09.740 It's crazy.
00:00:10.520 We don't make the ratings here.
00:00:11.820 We just report them.
00:00:14.080 Okay, we had a couple of things.
00:00:15.520 First of all, our Pulsecast, which is the first time that that has aired.
00:00:20.140 It is, well, explain it quickly.
00:00:22.000 Quickly.
00:00:22.340 It's a summary, basically, of what all the data experts, election modelers, pollsters,
00:00:26.900 poll, prediction markets, all these different measures we look at.
00:00:30.880 It's tough to understand what they all mean.
00:00:32.940 What are they really saying?
00:00:33.940 Well, we've come up with a way to kind of let you look at that in a very understandable kind
00:00:38.520 of single number, and we'll give that to you today on the program.
00:00:41.000 Yeah, and it'll show you how we all need all hands on deck.
00:00:44.300 Carol Roth is here to talk to us about the economy, what happened with the Fed.
00:00:47.880 We also talked to Jason Buttrill about a couple of things.
00:00:50.860 War is one of them, but also our veterans and what is happening with our veterans.
00:00:56.500 We are not, we're not helping our veterans.
00:01:01.480 Instead, we're helping the illegal aliens.
00:01:04.960 What's up with that?
00:01:06.660 We talked to veterans today.
00:01:08.360 It's amazing.
00:01:09.640 You can get the entire show wherever you get your podcast, but the best of happens right now.
00:01:15.560 First, let me tell you about Lear Capital.
00:01:18.180 Look, the only way we get through this is with God.
00:01:21.280 And that we do our part, that we have, you know, said, hey, I'm really sorry for the things
00:01:29.980 and I'm going to correct my ways and I'm going to pay more attention and I'm going to do my part.
00:01:34.940 But could you just help us out a little bit?
00:01:39.980 That's the only way we get through this.
00:01:43.480 But even then, it's going to be a rough ride because, you know, math is math.
00:01:47.480 I'm sorry, two plus two does not equal five.
00:01:50.160 Math is math.
00:01:51.400 And we have made such horrible mathematical decisions when it comes to our money.
00:01:56.940 Uh, I don't know how you can survive this.
00:02:01.320 Please.
00:02:04.000 NATO is talking about putting long-range missiles into Ukraine.
00:02:09.400 That is a red line for Vladimir Putin who said it will be an act of war.
00:02:15.380 Well, what will war do to the dollar?
00:02:18.560 War will destroy the dollar.
00:02:21.340 So, could you please, please, today, make the phone call to Lear Capital.
00:02:29.500 Just ask them, you know, for their guide on, you know, wealth protection.
00:02:35.720 Talk to them.
00:02:37.120 Use reason and logic.
00:02:39.380 Put 5%, 10% of what you have saved in for retirement or whatever.
00:02:45.380 Please consider gold or silver.
00:02:47.280 Physical, not paper.
00:02:48.360 Call them today, 800-957-GOLD.
00:02:51.800 That's 800-957-GOLD.
00:02:54.000 Call them today, 800-957-GOLD.
00:03:05.740 You're listening to The Best of the Glenn Beck Program.
00:03:10.560 The numbers that I am about to share are really hard to believe.
00:03:15.160 When I saw them yesterday, I found them shocking.
00:03:24.380 But I want you to close your eyes for a second and imagine
00:03:27.300 that you're standing on a dock.
00:03:31.760 You're standing somewhere on the east coast, the Atlantic, but you're in the 1800s.
00:03:43.480 The sun is setting and casting an orange glow across the water.
00:03:48.720 As you stare at a massive ship that is coming your way.
00:03:59.120 Around you, there's a crowd of people, each one holding on to what little they brought from their home country.
00:04:05.560 And you're amongst these people who are welcoming friends, neighbors, and countrymen.
00:04:13.880 Some are from Germany.
00:04:15.580 Some are from Ireland, Poland, Italy, from all over the world.
00:04:18.960 They don't speak the same language.
00:04:21.520 They don't eat the same food.
00:04:23.380 And they don't share the same customs.
00:04:27.920 They separated themselves while they were on the ship.
00:04:32.800 But all of these people, with all of their differences,
00:04:36.340 all the things that have kept them apart from one another in their own countries,
00:04:42.900 have one thing in common.
00:04:45.180 They're all headed to America.
00:04:52.940 Why?
00:04:55.140 What was it that brought so many people from so many different places to America?
00:05:01.100 What did they see in America that made them leave behind everything they knew?
00:05:05.140 Their homes, their families, their identities.
00:05:08.220 Some of them left their names.
00:05:09.660 Perhaps we should ask this question today.
00:05:18.740 How did we become a country of E Pluribus Udum?
00:05:23.140 Out of many, one.
00:05:27.540 I'm going to come back to that.
00:05:28.940 But let me give you the tales on the numbers that I saw yesterday.
00:05:33.900 Because they tell us something very important about where we are as a country.
00:05:38.200 Over 28% of Americans, 28% and an even higher percentage of Democrats, 35%,
00:05:49.200 believe the country would have been better off if a sitting president, Donald Trump, had been assassinated.
00:05:57.940 35% of Democrats, 28% of all of us.
00:06:03.900 I just, I want to talk to you about this and please listen and don't think of Donald Trump.
00:06:14.100 Because this isn't about his policies or his personality.
00:06:18.340 Is he a polarizing figure?
00:06:20.200 Yes.
00:06:21.960 This is, however, about something much deeper, something much more dangerous that is brewing in our country right now.
00:06:28.220 It is about the fabric of our democracy being stretched thinner and thinner and thinner.
00:06:36.260 The fact that more than a quarter of Americans who live in this country,
00:06:41.760 founded on the principle of peaceful power transfers,
00:06:46.540 could think that violence, the assassination of a leader, is the way to improve our nation.
00:06:53.300 What does that tell you?
00:06:59.080 It tells you that many of us do not hold certain things self-evident anymore.
00:07:05.560 It tells us how fragmented we've become.
00:07:11.280 All right, let's all of us, left and right, take a deep breath and walk back a step.
00:07:15.700 Because this is not the first time that America has faced division.
00:07:20.680 It's not the first time we've experienced anger and disagreement.
00:07:24.160 Let's go back to 1963.
00:07:26.560 Wow, what a horrible time that was.
00:07:28.960 Civil rights marches, the Cold War, nuclear threats.
00:07:32.060 People were angry, they were terrified, and deeply divided.
00:07:37.460 Sound familiar?
00:07:38.260 The deep state with J. Edgar Hoover and the CIA were possibly plotting to kill the president.
00:07:49.400 And yet when President John F. Kennedy was assassinated on that November day in Dallas,
00:07:55.240 no one in this country celebrated.
00:07:58.520 No one.
00:08:00.000 No one was thinking, well, we're better off now.
00:08:03.340 It was grief.
00:08:09.320 Deep, national grief.
00:08:12.880 Because it wasn't about the loss for Kennedy.
00:08:16.780 And it certainly wasn't a loss for Kennedy supporters or his political party.
00:08:20.440 That's not what it was about.
00:08:22.260 It was a loss for America.
00:08:25.080 The whole nation stopped and mourned.
00:08:28.480 Why?
00:08:28.980 Because at the end of the day, despite all of our disagreements,
00:08:34.060 we still believed in the American idea.
00:08:37.800 We believed in our republic.
00:08:39.740 We believed in democracy.
00:08:41.360 We believed in the peaceful transfer of power.
00:08:44.520 We still had faith in our institutions.
00:08:49.180 Kennedy's death wasn't a victory for anyone.
00:08:53.140 It was a tragedy for everyone.
00:08:56.240 And that, my dear friend,
00:09:01.440 is where the story starts to change.
00:09:05.920 Because here's the kicker.
00:09:08.720 We don't feel that way anymore.
00:09:14.140 Today we're living in a different world, a different America,
00:09:17.560 where political differences aren't just disagreements anymore.
00:09:21.440 They are hardened battle lines.
00:09:24.000 In the 1960s, people were divided.
00:09:27.780 Sure, they were.
00:09:29.660 We still had a shared identity, however, as Americans.
00:09:35.020 We still all believed in the Bill of Rights.
00:09:39.440 Well, now it's not just about policy or ideas anymore.
00:09:43.540 It's identity.
00:09:45.780 People just disagree with each other.
00:09:48.580 They see each other as enemies.
00:09:50.000 One side thinks the other is destroying the country,
00:09:53.920 and the other side thinks that side is destroying the country.
00:09:59.100 And when that happens,
00:10:00.720 when we start seeing our fellow Americans as existential threats,
00:10:05.600 it becomes much easier to justify extreme violence.
00:10:10.340 Suddenly violence, even assassination,
00:10:12.280 starts to look like a solution to some.
00:10:17.300 That's a sign of insanity.
00:10:20.200 I mean, if you want a civilization.
00:10:24.500 So how did we get here?
00:10:26.060 What changed?
00:10:29.000 Well, it didn't happen overnight.
00:10:30.460 There are three major reasons why we're seeing this level of division.
00:10:35.620 And really, they're all connected.
00:10:38.380 The polarization has deepened.
00:10:41.380 Our political polarization has reached an all-time high.
00:10:44.260 Why?
00:10:45.300 Because we don't teach what united us anymore.
00:10:50.020 Back in the days of Kennedy, people had fierce disagreements.
00:10:53.220 There were fights over the civil rights, the Cold War, nuclear weapons,
00:10:56.660 all the really big stuff that's happening yet today,
00:11:00.400 but we're not really talking about those things.
00:11:03.960 But despite all of those in the 1960s,
00:11:06.680 there was still a common ground,
00:11:08.460 a belief in the idea of America,
00:11:11.020 of working together to solve problems.
00:11:13.600 People could still sit down at the table
00:11:15.740 and have a heated argument
00:11:17.800 and still walk away knowing that they were in this together
00:11:20.280 because we were all Americans.
00:11:22.560 You see, the hippie movement hadn't really started yet.
00:11:25.100 The tear down America.
00:11:27.260 America sucks.
00:11:28.260 America has never been any good.
00:11:29.940 That's not what Martin Luther King taught.
00:11:32.460 Martin Luther King taught,
00:11:34.020 you haven't lived up to those ideals and those promises.
00:11:37.820 America, I challenge you to do that.
00:11:40.960 But have you heard anybody really talk about that lately?
00:11:47.000 Now the common ground,
00:11:48.480 that common ground,
00:11:49.520 that beachhead that Martin Luther King was standing on
00:11:52.880 has all but disappeared.
00:11:55.160 We've retreated into our own camps
00:11:57.440 and you see it everywhere.
00:11:59.120 It's not just policy differences anymore.
00:12:01.540 It's tribalism
00:12:02.620 because we've all,
00:12:04.880 through fear,
00:12:05.600 gone back into our lizard brain.
00:12:08.620 People today are more loyal
00:12:10.660 to their political team
00:12:12.360 than they are to one another
00:12:14.400 or certainly than they are to our country.
00:12:17.320 And we don't just disagree,
00:12:20.860 we demonize.
00:12:22.620 And that demonization,
00:12:24.340 it's dangerous.
00:12:27.740 It opens the door for people
00:12:29.540 to see their opponents
00:12:30.660 as less than human,
00:12:32.520 as enemies that must be destroyed.
00:12:35.860 And when you start seeing people as enemies,
00:12:37.660 you start thinking about extreme solutions
00:12:39.860 because something's got to be done.
00:12:42.300 The second reason this is happening
00:12:44.940 is the erosion of trust in institutions.
00:12:48.500 So here's another big piece of the puzzle.
00:12:50.660 We don't trust our institutions.
00:12:52.420 It used to be that people had faith,
00:12:54.800 faith in the system.
00:12:56.620 It was flawed.
00:12:57.340 We knew that.
00:12:58.680 But it was still working,
00:13:00.480 kind of,
00:13:00.980 for the good of the country.
00:13:02.280 And we were trying to fix it
00:13:03.560 and make it better.
00:13:04.100 Back in the 1960s,
00:13:05.480 most Americans trusted the government.
00:13:08.080 It was a mistake.
00:13:09.640 But they trusted the government.
00:13:11.240 The media they trusted.
00:13:12.960 Even the presidency,
00:13:14.440 despite their political disagreements.
00:13:16.840 I remember talking about Bill Clinton
00:13:18.400 and somebody said,
00:13:19.120 I could never shake his hand.
00:13:20.200 And I said,
00:13:20.600 I would shake his hand.
00:13:21.540 He's the president of the United States.
00:13:23.440 I respect the office.
00:13:25.700 Now, over the decades,
00:13:27.320 that's all gone.
00:13:28.360 Watergate, Vietnam,
00:13:29.460 the Iraq War,
00:13:30.280 financial crisis,
00:13:31.340 one scandal after another,
00:13:33.380 yelling and bickering
00:13:34.360 and nobody getting anything done,
00:13:36.380 lying to the American people
00:13:37.780 when they're running.
00:13:38.540 It's just chipped away
00:13:39.540 at our faith in the system.
00:13:41.280 And the result?
00:13:44.060 Well,
00:13:44.940 more often than not,
00:13:46.760 people now seeing
00:13:47.500 the system is beyond repair.
00:13:49.740 And so we have to start all over
00:13:51.040 and throw all of it out.
00:13:53.340 They've lost hope
00:13:55.160 in the democratic solutions.
00:13:57.840 Boy,
00:13:58.280 Stalin must be so happy today.
00:14:03.260 You see,
00:14:04.000 when you lose faith in the process,
00:14:05.560 that's when radical ideas,
00:14:07.400 violence,
00:14:08.160 starts to seem
00:14:09.160 like a viable alternative.
00:14:11.060 We have to do something.
00:14:13.820 And when you feel like
00:14:14.820 voting doesn't matter anymore,
00:14:16.760 like democracy itself is broken,
00:14:19.300 that I can't cast a ballot
00:14:20.880 and have it even count,
00:14:22.240 the idea of resetting things
00:14:24.640 through assassination
00:14:25.640 or violence
00:14:26.400 starts to creep in
00:14:27.660 for some.
00:14:29.920 Now,
00:14:30.420 that's a scary thought.
00:14:34.000 But let me throw
00:14:34.800 a wild card in.
00:14:36.980 The new wild card
00:14:38.180 of social media
00:14:39.220 that accelerates
00:14:40.380 everything.
00:14:42.440 This wasn't around
00:14:43.520 back in the Kennedy years.
00:14:44.800 Back then,
00:14:45.240 people got their news
00:14:46.020 from a few TV networks
00:14:47.600 and newspapers.
00:14:48.220 We all operated
00:14:49.980 in the same public square.
00:14:51.680 Today,
00:14:52.560 there is no mass
00:14:53.780 of America.
00:14:54.580 There's no mass audience
00:14:56.060 anymore.
00:14:56.600 It's totally different.
00:14:58.040 Social media
00:14:58.760 and the fragmentation
00:14:59.920 of our media
00:15:00.720 has created a landscape
00:15:02.000 where people are more isolated
00:15:03.700 than ever before.
00:15:05.060 Isolated in their own
00:15:06.400 digital bubble,
00:15:07.560 in an echo chamber
00:15:08.700 that just reinforces
00:15:10.540 their worldview
00:15:11.580 no matter how extreme.
00:15:14.640 Algorithms feed us
00:15:15.880 more of what we already believe,
00:15:17.440 more of what we're angry about.
00:15:19.200 The more sensational,
00:15:20.580 the more divisive,
00:15:21.500 the better, right?
00:15:23.040 And this amplification
00:15:24.120 of extreme views
00:15:25.560 has allowed
00:15:26.120 conspiracy theories,
00:15:27.400 misinformation,
00:15:28.260 radicalization
00:15:28.940 to spread like wildfire
00:15:30.840 and much of it
00:15:31.800 coming from our government
00:15:33.060 itself.
00:15:36.400 We're not just
00:15:37.360 disagreeing anymore.
00:15:39.380 We're being radicalized.
00:15:40.940 when Hillary Clinton,
00:15:42.800 a former presidential candidate
00:15:44.580 and a first lady,
00:15:46.540 says that if you disagree
00:15:48.440 with her version
00:15:50.440 of misinformation,
00:15:52.560 if you are a purveyor
00:15:55.100 of misinformation
00:15:56.000 as she deems the truth,
00:15:59.000 you should go to jail.
00:16:03.320 Ideas that would,
00:16:04.460 I mean,
00:16:05.200 would have been way fringe
00:16:06.520 in Kennedy's time.
00:16:07.800 Now they're just
00:16:09.060 a viral click away.
00:16:11.360 And the worst part,
00:16:13.360 it normalizes
00:16:14.280 violent rhetoric.
00:16:15.540 It makes assassination
00:16:16.440 or violence seem
00:16:17.580 to some
00:16:18.080 like a logical conclusion.
00:16:19.440 I mean,
00:16:19.680 we're living
00:16:20.120 in a violent world now,
00:16:21.320 right?
00:16:22.100 What's going to stop it?
00:16:23.160 Who's going to stop it?
00:16:25.560 Well,
00:16:25.760 here's where the story
00:16:26.540 takes a turn.
00:16:28.700 Because there is hope.
00:16:30.060 The fact that over
00:16:33.740 28% of Americans,
00:16:35.800 35 total,
00:16:37.420 believe,
00:16:38.120 sorry,
00:16:38.760 35 of Democrats
00:16:40.420 that believe
00:16:41.480 an assassination
00:16:42.040 would improve the country
00:16:43.300 is disturbing.
00:16:45.400 It is a death knell.
00:16:48.220 But it is also
00:16:49.460 a wake-up call.
00:16:50.600 It's a signal
00:16:51.360 that something is wrong.
00:16:53.280 But it is not
00:16:54.380 the end of our story.
00:16:55.520 In fact,
00:16:55.860 it might be the beginning
00:16:56.780 of something really,
00:16:57.940 really good.
00:16:58.440 A chance for us
00:16:59.280 to turn things around.
00:17:01.860 Because here's the truth.
00:17:02.880 We've been here before.
00:17:03.820 We've been divided.
00:17:04.720 We've been angry.
00:17:05.560 We've been scared.
00:17:06.400 We've even been at war
00:17:07.300 with each other.
00:17:08.640 And every time
00:17:09.640 we found a way through,
00:17:11.180 this time is no different.
00:17:13.960 But it's going to take effort
00:17:15.360 for all of us,
00:17:17.200 including you and me.
00:17:18.760 It's going to take
00:17:19.640 all of us,
00:17:20.260 no matter where you stand
00:17:21.380 politically,
00:17:22.020 to recognize
00:17:22.660 that we're part
00:17:23.940 of the same country.
00:17:25.300 We're part
00:17:25.940 of the same
00:17:26.940 American story.
00:17:28.180 And if we want
00:17:29.640 that story
00:17:30.520 to continue
00:17:31.240 to be written,
00:17:32.340 then we
00:17:33.180 must restore
00:17:34.880 civility.
00:17:36.420 We have to start
00:17:37.360 talking to each other
00:17:38.420 again.
00:17:38.780 Not shouting,
00:17:39.500 not attacking,
00:17:40.140 but actually talking,
00:17:41.320 engaging in real
00:17:42.340 conversations
00:17:43.020 where we actually
00:17:44.300 listen to one another.
00:17:46.120 And that's not easy
00:17:47.040 because we're all angry.
00:17:47.980 I get it.
00:17:48.660 But if we don't start
00:17:49.480 talking,
00:17:49.920 we are never going
00:17:50.760 to find our way
00:17:51.320 out of this.
00:17:51.940 We also need
00:17:56.480 to return
00:17:56.860 to civic education.
00:17:58.280 A lot of people
00:17:58.780 don't understand
00:17:59.400 how our republic
00:18:00.660 even works
00:18:01.400 or why it's important.
00:18:02.980 We need to invest
00:18:04.280 in teaching our kids
00:18:05.860 and adults,
00:18:06.720 frankly,
00:18:07.220 how the system works
00:18:08.660 and why it is
00:18:09.780 so worth saving.
00:18:11.300 When people understand
00:18:12.600 truly what's at stake,
00:18:14.220 they are less likely
00:18:15.340 to believe that
00:18:16.140 violence is a solution.
00:18:18.440 And then we need
00:18:19.560 to rebuild trust
00:18:20.600 in one another.
00:18:21.940 And that is not easy.
00:18:25.380 But it starts
00:18:26.180 with accountability,
00:18:27.080 with transparency,
00:18:28.300 with leaders
00:18:28.740 who put our country
00:18:29.580 over party.
00:18:30.820 And it's not going
00:18:31.620 to happen overnight,
00:18:32.500 but step by step
00:18:33.600 we can rebuild
00:18:34.360 that trust
00:18:35.040 if we are together.
00:18:37.940 Here's the bottom line.
00:18:38.800 Those numbers,
00:18:39.320 28%, alarming.
00:18:41.540 But they're also
00:18:42.180 an opportunity
00:18:42.780 for us to step up,
00:18:44.040 to take good hard looks
00:18:45.660 at where we are
00:18:46.420 and decide to do
00:18:47.700 something about it
00:18:48.640 because the America
00:18:50.020 I know
00:18:50.740 doesn't sell
00:18:51.920 and celebrate violence.
00:18:53.080 We don't wish harm
00:18:54.140 on our leaders,
00:18:54.900 no matter how much
00:18:55.740 we might disagree with them.
00:18:58.300 And if we want to
00:18:59.260 save our republic,
00:19:00.360 we have to take
00:19:00.820 a step back.
00:19:01.520 We have to take
00:19:01.980 a deep breath.
00:19:02.620 We need to recommit
00:19:03.420 ourselves to the principles
00:19:04.420 that have always
00:19:05.180 made our country great.
00:19:06.720 Decency,
00:19:07.320 civility,
00:19:07.920 respect.
00:19:09.060 The truth is,
00:19:09.720 there is hope.
00:19:11.080 There is always hope.
00:19:12.880 But it is up
00:19:13.840 to us
00:19:14.820 to choose.
00:19:15.940 Hey, let me tell you
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00:20:17.060 Now,
00:20:17.480 back to the podcast.
00:20:19.260 You're listening
00:20:20.300 to the best
00:20:21.120 of the Glenn Beck Program.
00:20:27.400 Welcome to the
00:20:28.700 Glenn Beck Program.
00:20:30.480 I wanted to bring
00:20:31.580 Brett Weinstein on.
00:20:33.500 He's an evolutionary
00:20:34.740 biologist,
00:20:35.940 co-host of
00:20:36.800 Dark Horse,
00:20:37.680 the podcast.
00:20:38.940 He is also
00:20:40.580 one of the
00:20:41.520 founding members
00:20:42.300 of the team
00:20:42.980 putting together
00:20:43.920 Join the Resistance.
00:20:46.440 And you can
00:20:47.220 find out all
00:20:47.960 the information
00:20:48.520 at jointheresistance.org
00:20:49.960 forward slash
00:20:50.820 donate.
00:20:52.100 It's September 29th
00:20:53.740 in Washington,
00:20:54.760 so that is a week
00:20:55.700 from this weekend.
00:20:58.680 I know how you
00:20:59.600 probably feel about
00:21:00.580 going to Washington,
00:21:01.940 kind of the same
00:21:02.780 way I feel about
00:21:03.500 going to Washington,
00:21:04.320 but I am doing
00:21:04.780 my best to clear
00:21:06.000 my schedule
00:21:06.480 and be there
00:21:07.180 just to stand
00:21:08.360 in the crowd
00:21:08.760 with everybody else
00:21:09.680 because I think
00:21:10.720 this is really,
00:21:12.020 really important.
00:21:13.860 Brett,
00:21:14.080 welcome to the program.
00:21:15.940 Thanks so much.
00:21:16.920 It's great to be
00:21:17.620 with you.
00:21:18.380 One minor correction.
00:21:20.460 Yeah.
00:21:20.580 The website
00:21:21.540 is jointheresistance.org.
00:21:23.480 The name of the event
00:21:24.240 is Rescue the Republic.
00:21:25.360 Sorry, sorry, sorry.
00:21:26.200 Yeah, Rescue the Republic.
00:21:27.580 So tell me
00:21:28.640 what Rescue the Republic
00:21:29.580 is for people
00:21:30.880 who don't know.
00:21:33.140 Rescue the Republic
00:21:34.560 is more than an event.
00:21:37.700 It is really,
00:21:38.660 in my opinion,
00:21:39.620 the first meeting
00:21:40.720 of the vast unity coalition
00:21:43.260 that is forming
00:21:44.860 in large measure
00:21:46.840 in response
00:21:47.500 to the tyranny
00:21:48.220 that is clearly
00:21:49.120 unfolding
00:21:50.460 and planned
00:21:51.840 by what I call
00:21:53.300 the blue team.
00:21:54.800 I'm embarrassed to say
00:21:56.000 that's the party
00:21:57.400 to which I still belong,
00:21:59.400 the Democratic Party,
00:22:00.220 which has obviously
00:22:01.180 gone rogue
00:22:01.860 and opposes
00:22:04.060 all of the values
00:22:04.980 that are foundational
00:22:07.500 to the West.
00:22:09.520 So many of us
00:22:11.260 across the political spectrum
00:22:12.620 have recognized
00:22:13.520 this hazard
00:22:14.280 and are putting aside
00:22:15.760 our political
00:22:16.640 and ideological differences
00:22:18.040 in order
00:22:18.900 to protect
00:22:20.240 this civilization
00:22:21.440 which has been
00:22:22.960 so good to us
00:22:24.340 and to stave off
00:22:26.600 the disaster
00:22:27.380 that will unfold
00:22:28.780 if it is destroyed.
00:22:33.940 So, Brad,
00:22:34.700 I mean,
00:22:35.340 what,
00:22:36.300 eight years ago,
00:22:37.780 you and I
00:22:38.540 wouldn't have been
00:22:39.060 talking,
00:22:39.920 I don't think.
00:22:41.020 We would have seen
00:22:42.000 each other
00:22:42.400 in the opposite camp.
00:22:44.220 What is it that,
00:22:45.380 I know what brought you
00:22:46.440 out of that
00:22:47.960 and decided to say,
00:22:49.480 you know,
00:22:50.380 I need to stand
00:22:51.980 on my own here
00:22:52.700 because some things
00:22:53.500 don't make sense
00:22:54.200 and they're not right.
00:22:54.960 but what turned you,
00:22:57.580 what was the turning point
00:22:58.540 for you to say,
00:23:00.300 this,
00:23:01.380 my own party
00:23:02.780 is so dangerous
00:23:04.500 to the Republic
00:23:05.560 that I have to,
00:23:07.520 I have to sign up
00:23:09.140 and be on the side
00:23:10.020 of Donald Trump?
00:23:12.580 Well,
00:23:13.380 it wasn't one thing.
00:23:15.560 It's a consistent
00:23:17.360 pattern of hostility
00:23:19.340 to the things
00:23:20.300 that make the West
00:23:21.460 so productive,
00:23:23.840 vibrant,
00:23:24.700 and innovative.
00:23:26.560 And,
00:23:27.040 you know,
00:23:27.360 any one of those things
00:23:28.500 could be
00:23:29.320 just myopia
00:23:30.920 of some sort,
00:23:32.060 but the consistent
00:23:33.220 pattern suggests
00:23:34.360 that we are
00:23:35.500 under the control
00:23:36.440 of people
00:23:37.240 who do not
00:23:38.360 value the system
00:23:39.580 for what it is
00:23:40.420 capable of
00:23:41.120 and find
00:23:41.840 the rights
00:23:42.620 that we are guaranteed
00:23:43.680 by our Constitution
00:23:45.180 galling.
00:23:47.020 So,
00:23:47.760 I can't
00:23:48.500 stand by
00:23:49.360 and watch
00:23:50.000 that happen.
00:23:50.960 I have children.
00:23:52.420 I love them.
00:23:53.640 They need to have
00:23:55.400 a nation
00:23:56.320 and a world
00:23:57.120 that is livable,
00:23:59.260 one in which
00:23:59.740 they are not seen
00:24:00.720 as a host
00:24:03.180 to some parasitic force,
00:24:04.840 but they are understood
00:24:05.660 to be citizens
00:24:07.300 with rights.
00:24:09.880 So,
00:24:10.480 in light
00:24:11.960 of what we are up against,
00:24:14.420 what possible difference
00:24:15.860 could there be
00:24:16.400 between us
00:24:16.940 that would matter?
00:24:17.600 Hmm.
00:24:19.100 How do you talk
00:24:20.260 to people,
00:24:21.600 because you must
00:24:22.220 hear it all the time,
00:24:23.100 you must hear
00:24:23.660 from people
00:24:24.160 who say,
00:24:25.600 you know,
00:24:26.120 things,
00:24:26.660 crazy things,
00:24:27.100 like,
00:24:27.260 you're a traitor.
00:24:28.560 How could you
00:24:29.260 possibly do that?
00:24:30.060 I mean,
00:24:30.300 Donald Trump
00:24:30.800 is out of his mind
00:24:31.560 crazy,
00:24:32.220 and he's a danger,
00:24:33.400 and we're all
00:24:33.940 going to be in,
00:24:34.580 you know,
00:24:35.000 shackles and chains.
00:24:36.500 How do you talk
00:24:38.000 to those people
00:24:38.900 and get them
00:24:41.680 to see
00:24:42.440 the hypnosis
00:24:44.940 in some ways
00:24:46.180 that they're under?
00:24:48.500 Well,
00:24:49.060 I have a couple
00:24:49.800 different approaches,
00:24:52.040 but I would say
00:24:53.140 the key thing
00:24:53.940 is to recognize
00:24:54.900 that this is
00:24:57.220 a kind of hypnosis
00:24:58.520 of some sort,
00:24:59.720 and I believe
00:25:00.580 that literally,
00:25:01.960 which means
00:25:02.400 that the people
00:25:03.120 that you're talking
00:25:03.700 to who say
00:25:04.380 that,
00:25:05.440 nine out of ten
00:25:06.420 of them,
00:25:06.780 maybe 99
00:25:07.400 out of 100,
00:25:09.100 are victims
00:25:09.780 of something
00:25:10.460 that they don't
00:25:11.500 understand,
00:25:12.180 they don't see it,
00:25:13.080 and the way
00:25:13.960 to reach them
00:25:14.760 is incrementally.
00:25:18.080 The first job
00:25:19.420 is always
00:25:20.520 to let them
00:25:21.580 see your humanity
00:25:23.100 and let them
00:25:24.200 understand
00:25:24.800 that you know
00:25:25.680 what it is
00:25:26.440 that they feel
00:25:28.320 and that you're
00:25:29.900 concerned about it too,
00:25:31.400 and what you want
00:25:32.200 is to leave them
00:25:33.120 with the question,
00:25:34.560 if the person
00:25:35.240 I'm sitting across
00:25:36.500 from
00:25:36.840 sounds reasonable
00:25:38.500 to me,
00:25:39.180 they don't sound
00:25:39.920 crazy,
00:25:40.760 they don't sound
00:25:41.520 like they have
00:25:42.160 bizarre objections,
00:25:43.080 or values,
00:25:44.400 how could they
00:25:44.980 possibly have
00:25:45.840 reached such
00:25:46.360 a different
00:25:46.740 conclusion about
00:25:47.560 what we ought
00:25:48.020 to do now?
00:25:49.200 That's the question
00:25:50.060 to leave them
00:25:50.600 with.
00:25:51.220 And then,
00:25:52.000 when you return,
00:25:53.540 hopefully,
00:25:54.400 they will be
00:25:54.880 curious.
00:25:55.900 They will have
00:25:56.500 questions about
00:25:57.300 how you could
00:25:58.500 possibly be doing
00:25:59.320 something that
00:26:00.000 in their mind
00:26:00.760 is the height
00:26:02.100 of insanity.
00:26:03.980 And that's a
00:26:04.900 conversation that
00:26:05.580 most people can
00:26:06.160 have.
00:26:06.440 You'd be surprised
00:26:07.260 if you can break
00:26:08.000 through the first
00:26:08.580 layer and get
00:26:10.100 past the instinct
00:26:11.380 to either
00:26:12.340 avoid the
00:26:13.380 topic or
00:26:14.140 shut down
00:26:15.040 the counter
00:26:15.780 arguments.
00:26:16.580 There's a lot
00:26:17.320 of room to
00:26:17.760 discuss where
00:26:18.840 we are and
00:26:19.520 where we
00:26:19.820 should be
00:26:20.160 headed.
00:26:20.980 So,
00:26:21.340 we're running
00:26:22.180 out of time.
00:26:22.700 What do we
00:26:22.960 have,
00:26:23.200 50 days before
00:26:24.140 the election?
00:26:25.320 That's about
00:26:25.880 right.
00:26:26.220 Yeah.
00:26:27.160 We're running
00:26:27.960 out of time,
00:26:29.260 and I've had
00:26:30.300 really great
00:26:31.860 hope.
00:26:32.300 I mean,
00:26:32.940 you look at
00:26:33.620 the people who
00:26:34.180 are coming to
00:26:34.800 rescue the
00:26:35.200 republic.
00:26:35.760 It's Bobby
00:26:37.860 Kennedy,
00:26:38.740 and it's
00:26:39.600 Tulsi Gabbard.
00:26:40.600 You're going
00:26:41.080 to be there.
00:26:41.840 Russell Brand
00:26:42.480 is going to
00:26:42.960 be there.
00:26:43.780 Charlie Kirk
00:26:44.340 is going to
00:26:44.800 be there.
00:26:45.140 I mean,
00:26:45.820 it's a lot
00:26:47.720 of very
00:26:48.160 different people.
00:26:48.800 Some of the
00:26:49.080 best doctors
00:26:49.820 are going to
00:26:50.800 be there.
00:26:51.780 Some of the
00:26:52.420 best people
00:26:53.000 on economics
00:26:54.740 are going to
00:26:55.820 be speaking.
00:26:56.340 Very short
00:26:57.100 bursts from
00:26:58.680 everybody on
00:26:59.580 all of the
00:27:00.220 things that are
00:27:00.720 being violated
00:27:01.340 and how we
00:27:01.860 have to fix
00:27:03.620 it.
00:27:03.860 how do
00:27:07.080 we do
00:27:07.720 this in
00:27:08.100 50 days?
00:27:10.520 Well,
00:27:10.900 it's obviously
00:27:12.360 a heavy lift,
00:27:13.880 but it's also
00:27:14.640 easier than
00:27:15.900 you would
00:27:16.180 imagine.
00:27:17.900 And I'm
00:27:19.400 not sure how
00:27:20.020 to make this
00:27:20.520 point to
00:27:20.960 people,
00:27:21.440 but all
00:27:22.780 of the
00:27:23.200 political
00:27:23.620 analyses
00:27:24.620 about the
00:27:25.560 election
00:27:25.900 are inherently
00:27:27.300 wrong if
00:27:28.680 they calculate
00:27:29.560 what the
00:27:30.980 race is going
00:27:32.160 to look like
00:27:32.880 on election
00:27:33.440 day.
00:27:33.860 based on
00:27:34.820 what we
00:27:35.400 think of
00:27:35.960 as voters,
00:27:37.120 because there
00:27:38.380 is a huge
00:27:39.060 collection of
00:27:39.740 people who
00:27:41.080 are not
00:27:42.100 voting.
00:27:43.360 Some of
00:27:44.120 them don't
00:27:44.780 vote because
00:27:45.340 they're tuned
00:27:45.860 out.
00:27:46.480 There's nothing
00:27:46.900 to be done
00:27:47.380 in 50 days
00:27:48.120 about those
00:27:48.660 people,
00:27:49.280 but a huge
00:27:50.200 fraction are
00:27:51.240 actually not
00:27:51.900 voting because
00:27:52.500 they're fed
00:27:53.000 up.
00:27:53.880 Those people
00:27:54.860 can come off
00:27:55.820 the bench,
00:27:56.480 and if they
00:27:56.840 do so in
00:27:57.840 significant
00:27:58.340 numbers,
00:27:59.560 they can swing
00:28:00.340 any election.
00:28:01.740 So from
00:28:02.760 my perspective,
00:28:03.760 as somebody
00:28:04.440 who has
00:28:05.460 frankly thought
00:28:06.700 it wise to
00:28:07.800 vote against
00:28:08.460 both parties
00:28:09.740 in almost
00:28:11.200 all of the
00:28:12.560 elections that
00:28:13.180 have taken
00:28:13.520 place for
00:28:14.100 president in
00:28:14.880 my lifetime,
00:28:15.960 this is not
00:28:17.040 the moment to
00:28:17.900 do that,
00:28:18.360 and it is
00:28:18.740 certainly not
00:28:19.300 the moment to
00:28:20.040 sit out of
00:28:20.480 the election.
00:28:21.520 This is the
00:28:22.100 moment to
00:28:22.820 come off the
00:28:23.420 bench and
00:28:24.400 to stand up
00:28:25.220 for the
00:28:26.100 values that
00:28:26.940 make our
00:28:27.980 marvelous nation
00:28:29.360 possible.
00:28:30.160 If we can
00:28:31.440 get people
00:28:31.940 to recognize
00:28:32.720 that, we
00:28:33.980 can actually
00:28:34.700 make a
00:28:35.800 decisive enough
00:28:36.660 victory that
00:28:37.460 it can
00:28:37.720 overcome what
00:28:39.140 is presumably
00:28:39.720 the margin
00:28:40.760 with which
00:28:41.700 the blue
00:28:42.120 team is
00:28:42.520 capable of
00:28:43.040 cheating.
00:28:43.940 The, you
00:28:46.120 know, Elon
00:28:46.600 Musk has
00:28:47.600 said repeatedly
00:28:48.940 now that he
00:28:49.720 feels this is
00:28:50.520 pretty much it.
00:28:52.740 Western
00:28:53.340 civilization is
00:28:54.500 at stake this
00:28:56.060 time.
00:28:56.400 Now, that
00:28:56.780 sounds like
00:28:57.300 hyperbole to
00:28:58.160 a lot of
00:28:58.540 people, but
00:28:59.160 on September
00:29:00.160 11th, you
00:29:01.100 know, 2001,
00:29:03.000 we all
00:29:04.100 instinctively knew
00:29:05.160 that.
00:29:05.460 When we were
00:29:05.820 hit that day,
00:29:06.420 we all thought,
00:29:07.200 oh my gosh,
00:29:07.720 this thing is
00:29:08.160 fragile, it
00:29:08.640 could come
00:29:08.940 apart at any
00:29:09.540 minute.
00:29:10.480 And what
00:29:11.480 they were
00:29:12.320 trying to
00:29:12.980 do on
00:29:13.560 9-11 could
00:29:15.240 be done at
00:29:16.140 the ballot
00:29:16.820 box this
00:29:17.720 time and
00:29:18.800 destroy not
00:29:21.660 just America,
00:29:22.480 but the
00:29:22.780 entire Western
00:29:23.800 world.
00:29:24.940 How do you
00:29:25.440 convince people
00:29:26.200 that that
00:29:26.680 is, that's
00:29:27.780 not hyperbole?
00:29:29.160 Because most
00:29:29.780 people don't
00:29:30.160 believe it
00:29:30.540 could ever
00:29:30.920 happen.
00:29:32.880 Yes, I
00:29:33.260 truly believe
00:29:34.680 it's not
00:29:35.060 hyperbole, and
00:29:35.820 in fact, I
00:29:37.060 believe that we
00:29:37.800 are being
00:29:38.300 slowed down
00:29:39.640 in our
00:29:40.080 recognition that
00:29:40.940 it is actually
00:29:41.580 an ongoing
00:29:42.340 process.
00:29:44.320 What we are
00:29:45.040 living through
00:29:46.060 is the looting
00:29:47.380 of our system.
00:29:49.200 The resources
00:29:50.020 are being
00:29:50.640 drained out
00:29:51.680 of it because
00:29:52.400 those who
00:29:54.020 are orchestrating
00:29:54.780 this understand
00:29:55.820 that they
00:29:56.660 are pulling
00:29:57.020 the plug.
00:29:57.980 So we
00:29:58.340 need to
00:29:58.660 wake up
00:29:59.080 faster that
00:30:00.520 all of this
00:30:01.100 money printing
00:30:01.900 is not the
00:30:02.500 result of
00:30:03.080 foolishness.
00:30:04.380 This is the
00:30:04.940 end game.
00:30:06.000 The same can
00:30:06.480 be said of
00:30:06.940 the bubbles
00:30:07.600 that we see
00:30:08.920 in our
00:30:09.720 markets.
00:30:10.780 And the
00:30:11.240 fact that
00:30:11.680 they have
00:30:12.280 come up
00:30:12.720 with
00:30:13.040 rationalizations
00:30:14.200 for
00:30:15.140 eliminating
00:30:15.880 our most
00:30:17.100 fundamental
00:30:17.640 right to
00:30:18.800 freedom of
00:30:19.380 speech tells
00:30:20.640 you that this
00:30:21.620 is the end
00:30:22.180 of the
00:30:22.400 process.
00:30:23.160 This is the
00:30:23.680 point at
00:30:24.260 which they
00:30:24.560 do not
00:30:24.920 want us
00:30:25.240 to be able
00:30:25.920 to talk
00:30:26.400 about what
00:30:26.820 they're doing
00:30:27.480 because it's
00:30:28.420 going to go
00:30:28.920 on fast
00:30:29.480 forward.
00:30:30.180 So I don't
00:30:30.540 think Elon
00:30:31.020 is being
00:30:31.960 hyperbolic at
00:30:32.740 all.
00:30:33.020 I think he's
00:30:33.420 right on
00:30:33.760 target.
00:30:35.100 I do too
00:30:36.200 and I'm so
00:30:37.740 glad to see
00:30:38.560 people that
00:30:39.540 are open
00:30:41.700 minded
00:30:42.260 and generally
00:30:45.220 don't vote
00:30:46.660 the same way
00:30:47.160 I do
00:30:47.560 come to the
00:30:48.480 same conclusion
00:30:49.200 and understand
00:30:49.900 where we
00:30:50.500 are.
00:30:51.280 So tell
00:30:51.700 me a
00:30:53.080 little bit
00:30:53.480 about the
00:30:54.020 event on
00:30:54.540 September 29th
00:30:55.420 in Washington.
00:30:57.540 So the
00:30:58.300 event is a
00:30:59.420 free event.
00:31:00.920 We are
00:31:01.700 hoping for a
00:31:02.260 very large
00:31:02.800 turnout for a
00:31:03.560 couple of
00:31:03.900 different reasons.
00:31:05.460 One reason
00:31:06.480 is that it
00:31:07.840 will make it
00:31:08.840 obvious that
00:31:09.600 the support
00:31:10.240 for this
00:31:11.040 new unity
00:31:12.540 coalition is
00:31:14.060 tremendous and
00:31:15.420 that will make
00:31:15.880 it very hard
00:31:16.440 to sell the
00:31:16.980 story that
00:31:18.100 Kamala Harris
00:31:19.180 has been
00:31:20.640 swept to
00:31:21.120 victory by
00:31:21.920 a wave of
00:31:23.200 support.
00:31:24.120 The other
00:31:24.680 reason though
00:31:25.380 is that
00:31:26.060 seeing people
00:31:27.400 flesh and
00:31:28.020 blood people
00:31:28.640 gathering across
00:31:30.260 political
00:31:30.740 differences
00:31:31.300 putting ideology
00:31:33.520 aside is
00:31:34.980 going to be
00:31:35.480 meaningful to
00:31:36.480 the large
00:31:36.940 number of
00:31:37.440 people who
00:31:38.280 are debating
00:31:38.960 in their own
00:31:39.540 minds whether
00:31:40.280 or not to
00:31:40.900 vote or to
00:31:41.640 sit this one
00:31:42.240 out.
00:31:42.660 We need to
00:31:43.360 motivate them
00:31:44.120 and motivating
00:31:44.740 them in large
00:31:45.940 numbers will
00:31:47.000 do two things.
00:31:48.000 One it will
00:31:48.900 make it
00:31:49.200 possible to
00:31:50.180 win this
00:31:50.540 election
00:31:50.900 decisively and
00:31:52.420 two it will
00:31:53.220 make the
00:31:53.800 point to
00:31:54.880 the new
00:31:55.220 administration
00:31:55.840 that really
00:31:57.140 governing from
00:31:58.400 this vast
00:31:59.920 storehouse of
00:32:01.540 talent and
00:32:02.280 insight that
00:32:03.280 exists in the
00:32:04.000 unity coalition
00:32:04.840 is the right
00:32:05.980 way to
00:32:06.320 accomplish the
00:32:06.980 job.
00:32:07.580 This needs to
00:32:08.340 be a new
00:32:08.820 era in which
00:32:09.920 frankly the
00:32:11.020 republic
00:32:11.360 the new
00:32:14.260 democratic
00:32:15.360 party is
00:32:16.180 removed from
00:32:16.700 power.
00:32:17.200 I'm sorry
00:32:17.520 you cut out
00:32:18.760 the last
00:32:19.160 sentence or
00:32:19.620 so.
00:32:20.300 What did
00:32:20.540 you say?
00:32:21.220 I said
00:32:22.080 that if we
00:32:23.680 get a large
00:32:24.160 turnout that
00:32:25.320 this will make
00:32:25.740 the point that
00:32:26.900 this unity
00:32:27.520 coalition which
00:32:28.660 contains so
00:32:29.240 much talent and
00:32:29.940 insight is the
00:32:31.880 proper team to
00:32:33.660 usher in a new
00:32:34.660 era in which
00:32:36.360 the republican
00:32:37.340 party is
00:32:38.040 transformed into
00:32:39.120 something new
00:32:39.820 and the
00:32:40.280 democratic party
00:32:41.080 is removed
00:32:41.660 from power.
00:32:42.740 That is
00:32:42.980 remarkable and
00:32:44.660 I have to tell
00:32:45.200 you I'm so
00:32:45.660 excited for
00:32:46.400 Elon Musk
00:32:47.420 and Robert
00:32:49.020 F.
00:32:49.440 Kennedy and
00:32:50.240 Tulsi and
00:32:51.160 all of the
00:32:51.600 people now
00:32:52.220 we're getting
00:32:53.260 the real
00:32:54.780 innovative
00:32:56.580 thinkers to
00:32:57.720 join with
00:32:58.600 Trump and
00:32:59.580 I think that
00:33:00.660 it promises to
00:33:02.240 be a
00:33:03.100 completely
00:33:03.820 different world
00:33:05.200 if he takes
00:33:07.000 advantage of it
00:33:07.800 and the
00:33:08.400 American people
00:33:09.040 take advantage
00:33:09.680 of this team
00:33:10.460 that is
00:33:10.900 growing.
00:33:12.640 Thank you so
00:33:13.540 much.
00:33:13.980 I want to
00:33:15.160 encourage you
00:33:16.320 to not only
00:33:17.180 go to
00:33:18.820 rescue the
00:33:19.380 republic, it
00:33:20.080 is happening
00:33:20.620 September 29th
00:33:21.980 in Washington
00:33:22.540 D.C., but
00:33:24.240 also if you
00:33:25.320 can, you can
00:33:26.620 show your
00:33:27.120 support by
00:33:27.940 donating.
00:33:28.940 This is a
00:33:29.440 very worthy
00:33:30.220 cause.
00:33:30.660 This is
00:33:30.980 honestly, this
00:33:31.920 is the 9-12
00:33:32.900 project from
00:33:34.940 the people we
00:33:36.360 would have said
00:33:36.780 are the other
00:33:37.200 side.
00:33:37.560 they agree
00:33:38.820 with the
00:33:39.360 principles that
00:33:40.140 we put out.
00:33:41.600 This is so
00:33:43.560 incredibly
00:33:44.840 hopeful and
00:33:45.840 important and
00:33:47.580 I know what
00:33:48.180 it's like to
00:33:48.820 put this
00:33:49.220 together,
00:33:49.700 especially with
00:33:51.440 the names that
00:33:52.000 they're bringing
00:33:52.400 in.
00:33:52.760 Mike, gosh,
00:33:53.420 you have
00:33:53.640 everybody under
00:33:54.260 the sun.
00:33:55.240 They asked me
00:33:55.820 to speak and
00:33:56.360 I was like,
00:33:57.220 no, I think I
00:33:58.040 can just go and
00:33:58.720 listen.
00:33:59.340 I don't think I
00:34:00.120 need to speak.
00:34:01.520 like RFK Jr.,
00:34:02.980 Russell Brand,
00:34:03.640 Tulsi Gabbard,
00:34:04.360 Matt Taibbi,
00:34:05.320 Laura Logan,
00:34:06.360 everybody is
00:34:08.240 going to be
00:34:08.620 there.
00:34:09.280 If you can
00:34:09.980 donate, please
00:34:11.440 join the
00:34:12.140 resistance.org
00:34:13.500 slash donate.
00:34:14.540 Join the
00:34:14.980 resistance.org
00:34:16.200 slash donate.
00:34:17.240 It is critical
00:34:18.100 as the government
00:34:19.340 always makes
00:34:19.880 things more and
00:34:20.540 more expensive
00:34:21.120 as you get
00:34:21.680 closer and
00:34:22.180 closer.
00:34:23.000 Join the
00:34:23.320 resistance.org
00:34:24.560 slash donate.
00:34:25.800 And it's
00:34:26.060 happening next
00:34:27.180 weekend, September
00:34:28.960 29th, right at
00:34:30.860 the Washington
00:34:31.440 Memorial in
00:34:32.340 Washington, D.C.
00:34:34.060 Brett, thank you
00:34:34.640 so much.
00:34:35.520 We'll talk again.
00:34:37.420 This is the
00:34:38.400 best of the
00:34:39.220 Glenn Beck
00:34:39.920 program.
00:34:46.760 Welcome to the
00:34:47.700 program, Carol
00:34:48.640 Roth.
00:34:49.380 I'm hoping you
00:34:50.400 can make sense
00:34:51.320 and maybe some
00:34:52.320 good news out
00:34:53.220 of what happened
00:34:54.040 yesterday because
00:34:55.020 I can't find a
00:34:56.260 way to it
00:34:57.180 because of the
00:34:59.660 history of
00:35:00.640 cutting the
00:35:01.220 interest rate
00:35:01.800 this much.
00:35:02.860 My first
00:35:03.300 thought was
00:35:04.000 this is
00:35:04.640 election
00:35:04.960 interference by
00:35:05.760 the Fed.
00:35:07.260 My second
00:35:08.040 thought was
00:35:08.640 when did
00:35:08.980 they last
00:35:09.440 do this?
00:35:10.440 And it
00:35:10.960 didn't lead
00:35:11.400 neither of
00:35:12.000 those lead
00:35:12.400 to good
00:35:12.660 things.
00:35:13.080 So what's
00:35:13.420 really going
00:35:14.060 on here,
00:35:14.700 Carol?
00:35:15.500 Well, first
00:35:16.180 of all, Glenn,
00:35:16.640 I just want
00:35:17.040 you to know
00:35:17.400 that I am
00:35:17.880 unburdened by
00:35:18.780 what has
00:35:19.220 been and
00:35:19.920 now the
00:35:20.520 market is
00:35:23.360 in terms of
00:35:23.920 interest rates
00:35:24.520 because we
00:35:25.060 are in a
00:35:25.500 rate-cutting
00:35:26.260 environment.
00:35:27.720 And I think
00:35:28.360 the important
00:35:28.900 thing to
00:35:29.460 remember is
00:35:30.400 that when
00:35:30.900 we talk
00:35:31.440 about, you
00:35:32.220 know, rake
00:35:32.600 heights, rake
00:35:33.240 cuts, anything
00:35:34.220 the Fed's
00:35:34.700 doing, we
00:35:35.080 have to keep
00:35:35.760 it in
00:35:36.180 context.
00:35:37.380 And the
00:35:37.660 backdrop is
00:35:38.500 that we
00:35:38.760 came out
00:35:39.400 of 15
00:35:40.220 years of
00:35:41.420 what's
00:35:41.660 called
00:35:42.000 ZERB,
00:35:42.620 zero interest
00:35:43.440 rate policy,
00:35:44.640 where the
00:35:45.260 interest rates
00:35:45.880 were at or
00:35:46.580 near zero,
00:35:47.540 unprecedented,
00:35:48.720 as well as
00:35:49.440 the Fed
00:35:49.800 putting $9
00:35:50.580 trillion plus
00:35:51.980 on its
00:35:52.520 balance sheet.
00:35:53.480 So this is
00:35:53.940 an unprecedented,
00:35:55.780 does not have
00:35:56.560 an analog
00:35:57.180 that we
00:35:57.760 can directly
00:35:58.400 compare to.
00:35:59.320 Not to say
00:35:59.720 that it's not
00:36:00.300 important to
00:36:00.960 go back and
00:36:01.480 look at what's
00:36:02.060 happened historically,
00:36:02.940 but it doesn't
00:36:03.580 mean exactly the
00:36:04.380 same thing.
00:36:05.360 And cutting 50
00:36:06.380 basis points or
00:36:07.300 half a percent
00:36:08.040 today is
00:36:09.320 different than
00:36:09.960 when we're
00:36:10.280 cutting it when
00:36:11.200 interest rates
00:36:11.880 are at 2%.
00:36:12.520 So I just
00:36:12.920 wanted to put
00:36:13.500 that out.
00:36:14.040 I also am
00:36:14.660 somebody who,
00:36:15.660 as you know,
00:36:16.040 I've said on
00:36:16.440 this program many
00:36:17.140 times that I
00:36:17.760 think the Fed's
00:36:18.340 been way behind
00:36:19.240 the curve.
00:36:19.980 I think that
00:36:20.420 they went up
00:36:21.100 too high and
00:36:22.120 that they were
00:36:22.500 too slow to
00:36:23.700 cut to begin
00:36:25.000 with.
00:36:25.260 So we'll put
00:36:25.660 that from a
00:36:26.360 backdrop
00:36:26.660 standpoint.
00:36:27.860 So how does
00:36:28.860 the market
00:36:29.780 interpret and
00:36:31.280 how should
00:36:31.660 individuals
00:36:32.320 interpret a
00:36:33.160 cut?
00:36:33.380 Well, there's
00:36:33.740 the potentially
00:36:34.480 the bad and
00:36:35.200 potentially the
00:36:35.760 good.
00:36:36.000 So we'll walk
00:36:36.440 through both of
00:36:37.020 those real
00:36:37.360 quickly.
00:36:38.280 So the
00:36:38.660 potential bad
00:36:39.860 is the signal
00:36:40.860 when you are
00:36:41.500 saying that the
00:36:42.180 economy is doing
00:36:43.600 amazing and it's
00:36:44.860 just, you know,
00:36:45.240 it's ripping along
00:36:46.320 and then to do a
00:36:47.700 very large cut.
00:36:48.880 They could have
00:36:49.380 done half of
00:36:50.600 that.
00:36:50.820 They could have
00:36:51.180 done 25 basis
00:36:52.280 points, but to
00:36:52.900 come out after
00:36:53.680 not doing anything
00:36:54.560 and say, oh,
00:36:55.160 we got to move
00:36:56.100 50 points, can
00:36:57.400 send a signal to
00:36:58.400 say things are
00:36:59.200 not going so
00:37:00.100 well.
00:37:00.620 If you looked at
00:37:01.420 the market
00:37:01.840 yesterday, they
00:37:03.400 were not taking
00:37:04.300 the news so
00:37:04.780 great.
00:37:05.240 But they went
00:37:05.680 up and then
00:37:06.780 when he cut
00:37:07.300 it, it went
00:37:07.900 way down.
00:37:08.960 And then it
00:37:09.360 went, they gave
00:37:09.900 up back all the
00:37:10.560 gains yesterday,
00:37:11.140 but today they've
00:37:12.340 had a day to
00:37:13.160 digest it and the
00:37:14.140 market thinks that
00:37:15.160 this is a good
00:37:15.760 thing.
00:37:16.120 Now the market's
00:37:16.680 not the economy.
00:37:17.420 But again, after
00:37:21.060 15 years of
00:37:23.300 zero interest rate
00:37:24.560 policy, it does
00:37:26.440 make sense for
00:37:27.100 us to get back
00:37:28.000 to what's
00:37:28.600 considered a
00:37:29.420 neutral rate.
00:37:30.540 Is this a
00:37:32.080 inflationary move
00:37:33.220 though?
00:37:34.240 So that's the
00:37:35.080 question.
00:37:35.620 So if you think
00:37:36.200 about what the
00:37:37.100 neutral rate is,
00:37:37.900 which is
00:37:38.220 theoretical, we
00:37:38.880 don't know the
00:37:39.540 number, but
00:37:40.080 basically it's the
00:37:40.960 dividing line
00:37:41.940 between policy that
00:37:43.380 is restrictive and
00:37:44.880 policy that is
00:37:45.900 accommodative.
00:37:47.040 And what we're
00:37:47.480 trying to do is
00:37:48.580 have the Fed have
00:37:49.380 no influence in
00:37:50.620 either direction.
00:37:51.840 I believe that we
00:37:53.080 are still in that
00:37:54.360 restrictive area.
00:37:56.120 So bringing it
00:37:56.780 down to four,
00:37:58.940 three quarters to
00:37:59.720 five percent, again,
00:38:01.180 is not the same as
00:38:02.000 bringing it down to
00:38:03.080 two percent.
00:38:04.440 And so I don't
00:38:05.280 think that will
00:38:06.480 cause inflation.
00:38:07.300 We have to
00:38:07.540 remember, too,
00:38:08.140 again, going back
00:38:09.080 to where I
00:38:09.460 started, companies
00:38:11.180 and individuals had
00:38:12.440 15 years to
00:38:14.320 take out debt
00:38:15.360 at basically no
00:38:16.640 cost.
00:38:17.240 This is sitting
00:38:18.000 on companies'
00:38:19.200 balance sheets.
00:38:19.940 They took every
00:38:21.080 piece that they
00:38:21.740 could.
00:38:22.600 And consumers
00:38:23.240 right now don't
00:38:23.940 have a lot of
00:38:24.640 runway.
00:38:25.520 So the idea of
00:38:27.060 a rate cut
00:38:27.960 unleashing massive
00:38:29.340 demand when we've
00:38:30.920 gone to fours,
00:38:32.740 three quarters to
00:38:33.540 five percent, I
00:38:34.360 don't see this as
00:38:35.660 something that's
00:38:36.160 going to unleash
00:38:36.940 massive demand.
00:38:37.760 So here's, I
00:38:39.180 just love your
00:38:39.840 opinion on this.
00:38:40.880 As a businessman,
00:38:42.900 I know I
00:38:43.900 wouldn't be
00:38:44.400 spending a dime
00:38:45.740 right now on
00:38:46.780 hiring, building
00:38:47.840 anything, not a
00:38:50.160 dime, until I see
00:38:51.600 what happens at
00:38:52.300 the election.
00:38:53.700 And depending on
00:38:55.000 the election, if
00:38:56.080 we go with
00:38:57.600 Harris and we
00:38:58.480 become much more
00:38:59.440 restrictive and
00:39:00.240 harder and more
00:39:01.120 global and
00:39:01.860 everything else,
00:39:03.320 I mean, then I'm
00:39:05.000 just battening down
00:39:05.720 the hatches.
00:39:06.560 If Trump gets in,
00:39:08.120 I'd be willing to
00:39:09.260 invest because,
00:39:10.740 all right, good,
00:39:11.400 we've got somebody
00:39:11.960 who understands
00:39:12.500 business, we can
00:39:13.280 hire some more
00:39:13.880 people, et cetera,
00:39:14.560 et cetera.
00:39:15.020 I don't see
00:39:15.820 anybody making
00:39:16.820 those moves
00:39:18.780 rationally, no
00:39:19.720 matter what the
00:39:20.300 interest rate is
00:39:21.300 at this point.
00:39:23.840 Do you?
00:39:24.700 I think that's a
00:39:25.940 logical way to
00:39:26.840 digest it.
00:39:27.800 I think that in
00:39:28.660 terms of one of
00:39:29.600 your first
00:39:29.960 statements is,
00:39:30.620 is this political?
00:39:32.960 The Biden-Harris
00:39:34.260 administration are
00:39:35.300 going to be pushing
00:39:36.040 out and saying,
00:39:36.940 look, we've got
00:39:37.560 inflation under
00:39:38.800 control.
00:39:39.540 The Fed said so,
00:39:40.520 otherwise they
00:39:41.180 wouldn't have
00:39:41.680 lowered it and
00:39:42.500 lowered it by so
00:39:43.580 much.
00:39:44.380 So I think that
00:39:45.160 is the push that
00:39:46.740 they're going out
00:39:47.440 and trying to
00:39:48.460 convince people.
00:39:49.500 Now, they've been
00:39:49.980 trying to convince
00:39:50.620 people of things
00:39:51.360 that make absolutely
00:39:52.220 no sense for the
00:39:53.220 last three and a
00:39:53.880 half years.
00:39:54.800 So, you know, if
00:39:55.420 I'm a business
00:39:55.940 person, do I go
00:39:57.340 ahead and make
00:39:58.800 the investments?
00:40:00.180 Probably not, but
00:40:01.380 are there some
00:40:02.020 people who might?
00:40:03.460 You know, it's a
00:40:04.660 push.
00:40:05.400 But I do think,
00:40:06.860 you know, the
00:40:07.140 challenge is it
00:40:07.740 becomes a self-fulfilling
00:40:08.980 prophecy that if you
00:40:10.120 get worried that
00:40:11.380 there is a
00:40:12.000 recession and you
00:40:12.820 create these
00:40:13.560 restrictive
00:40:14.080 behaviors, that
00:40:16.300 becomes self-fulfilling
00:40:17.600 and that's one of
00:40:18.360 the things that we
00:40:19.040 end up worrying
00:40:19.560 about.
00:40:20.160 All right, so let
00:40:20.840 me just ask you
00:40:21.440 one more thing.
00:40:22.180 He mentioned the
00:40:23.440 problem with
00:40:24.620 unemployment.
00:40:25.360 Unemployment's
00:40:25.800 going on because
00:40:26.380 you just added
00:40:27.140 7 to 20 million
00:40:28.200 people to, you
00:40:29.360 know, the
00:40:29.900 country.
00:40:31.840 It is, I
00:40:33.940 mean, people are
00:40:35.200 saying anecdotally
00:40:36.360 that, and we are,
00:40:38.340 I guess, seeing
00:40:39.000 it in numbers
00:40:39.760 that the jobs
00:40:41.560 that are being
00:40:42.380 filled are being
00:40:43.060 filled with illegals
00:40:43.920 and not American
00:40:44.760 citizens.
00:40:45.540 How long can that
00:40:46.760 go on before it's
00:40:47.840 just, you know,
00:40:49.880 an absolute wreck?
00:40:52.400 So the way that I've
00:40:53.700 interpreted the
00:40:54.540 economy is I see it
00:40:56.120 as K-shaped.
00:40:57.360 If you think about
00:40:57.960 the letter K, you
00:40:58.940 have, you know, that
00:40:59.640 one part of the K
00:41:00.660 that goes up and the
00:41:01.660 other part that goes
00:41:02.520 down.
00:41:03.120 And you have the
00:41:03.980 people who are at
00:41:04.980 the lower end of the
00:41:06.460 K who have been
00:41:07.320 struggling and the
00:41:08.580 people who are at
00:41:09.580 that higher part of
00:41:10.980 the K, the asset
00:41:11.740 holders, the people
00:41:12.720 with the white
00:41:13.280 collar jobs and the
00:41:14.300 homes who have been
00:41:15.000 doing well.
00:41:16.140 And you have to
00:41:16.660 remember that what
00:41:17.420 we've been seeing is
00:41:18.740 it really is that
00:41:19.560 higher part of the
00:41:20.640 K that has been
00:41:21.560 pulling the economy
00:41:22.540 along.
00:41:23.480 So not only do we
00:41:24.600 have those illegals
00:41:25.760 who are coming in
00:41:26.740 and creating drains
00:41:27.840 on everything,
00:41:28.760 right?
00:41:28.920 They're creating
00:41:29.480 drains on employment,
00:41:31.180 on the national debt,
00:41:32.580 on housing,
00:41:33.620 on everything.
00:41:34.360 But we're also
00:41:35.640 starting to see
00:41:36.700 these cracks in the
00:41:38.280 white collar labor
00:41:39.240 market.
00:41:39.960 When you hear Amazon
00:41:41.200 saying, oh, we want
00:41:42.300 everybody back in the
00:41:43.620 office, it means that
00:41:45.180 companies now have the
00:41:46.680 power to demand that
00:41:47.820 when they didn't have
00:41:48.640 the power.
00:41:49.420 And buried in that
00:41:50.320 statement was, oh,
00:41:51.280 we're trying to get
00:41:52.000 rid of some managers.
00:41:53.340 We've seen more and
00:41:54.260 more layoffs on the
00:41:55.460 tech side.
00:41:56.420 So if we see that
00:41:57.920 crack from the
00:41:59.220 white collar piece,
00:42:00.500 I think, at least in
00:42:02.080 the short term, that's
00:42:03.160 going to have the
00:42:03.920 biggest impact on
00:42:05.200 shifting what's going
00:42:06.260 to happen here.
00:42:07.240 And I think that's
00:42:07.980 what the Fed is
00:42:09.040 signaling they're
00:42:09.660 trying to get ahead
00:42:10.860 of.
00:42:11.560 Whether or not they
00:42:12.400 can do that remains
00:42:13.360 to be seen because
00:42:14.140 usually they're always
00:42:15.140 late.
00:42:15.760 But it's true.
00:42:16.580 We have a drag on
00:42:17.600 both sides.
00:42:18.320 We have that drag
00:42:19.120 that's happening on
00:42:20.160 the white collar
00:42:20.700 piece.
00:42:21.200 And then we have
00:42:21.960 this massive illegal
00:42:23.160 immigration that's
00:42:24.140 putting strains on
00:42:25.060 the system.
00:42:26.040 And, you know, that
00:42:27.000 is going to, you
00:42:28.100 know, completely
00:42:28.520 shift things.
00:42:29.400 And I will say,
00:42:29.980 Glenn, you know, we
00:42:30.740 hear all of these
00:42:31.420 people talking about
00:42:33.060 technology and
00:42:35.000 AI and how it's
00:42:36.140 going to replace
00:42:36.980 jobs.
00:42:38.120 You know, if you
00:42:38.560 think that it's
00:42:39.360 going to replace
00:42:40.260 jobs, the jobs
00:42:40.920 that are going to
00:42:41.280 replace are unskilled
00:42:42.720 workers, right?
00:42:43.400 The person who's
00:42:44.060 making your burrito
00:42:45.540 at Chipotle and
00:42:46.420 the like, you could
00:42:47.560 possibly make an
00:42:48.800 argument that we do
00:42:50.080 not need any more
00:42:51.340 legal immigration in
00:42:53.260 this country with
00:42:54.200 the exception of
00:42:54.840 some very high
00:42:55.620 merit-based people
00:42:56.740 at all.
00:42:57.980 In addition to
00:42:59.380 this, you know,
00:42:59.940 travesty that's
00:43:00.660 happening with the
00:43:01.340 illegal immigration.
00:43:02.520 So this is going
00:43:03.420 to be, you know,
00:43:04.220 hopefully we can
00:43:04.980 get President
00:43:05.520 Trump in there,
00:43:06.840 but this needs to
00:43:07.820 be attacked in a
00:43:08.840 serious fashion
00:43:09.920 because it's going
00:43:10.560 to have massive
00:43:11.320 implications for
00:43:12.220 the economy on
00:43:13.260 top of the
00:43:14.340 biggest issue,
00:43:15.380 and it feeds
00:43:15.800 right into it,
00:43:16.740 which is the
00:43:17.900 debt and the
00:43:18.920 deficit spending
00:43:19.600 that continues to
00:43:20.540 grow that debt,
00:43:21.360 the fact that
00:43:21.760 that's unwieldy.
00:43:23.160 So all of these
00:43:23.880 things are puzzle
00:43:24.820 pieces, but we
00:43:25.680 can't let the
00:43:26.400 noise about a
00:43:27.560 Fed rate cut or
00:43:28.420 what's happening
00:43:29.040 distract us from
00:43:30.220 that big issue.
00:43:31.280 We need to
00:43:32.220 grow the economy
00:43:33.100 and we need to
00:43:33.800 reduce spending so
00:43:34.840 we can get debt to
00:43:35.680 GDP back to a
00:43:36.820 normalized level and
00:43:38.560 be able to save our
00:43:39.520 country.
00:43:40.660 Carol, thank you.
00:43:41.440 Appreciate it.
00:43:42.180 Carol Roth, the
00:43:43.140 author of You Will
00:43:43.960 Own Nothing,
00:43:44.680 former investment
00:43:45.320 banker and
00:43:45.980 contributor to
00:43:47.720 Blaze and also to
00:43:49.240 this program.
00:43:50.100 I just love her.
00:43:50.720 She explains things
00:43:51.780 the way, you know,
00:43:53.060 people like me talk
00:43:54.300 or just regular
00:43:55.100 people.
00:43:55.940 Carol, thank you
00:43:56.420 so much.
00:43:56.840 It's carolroth.com
00:43:58.960 slash news,
00:44:00.300 carolroth.com
00:44:01.520 slash news.
00:44:02.300 Na, na, na, na.